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re: Re It's "immoral" to strategically default on one's mortgage

Posted on 12/14/11 at 2:07 pm to
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 12/14/11 at 2:07 pm to
quote:

There are two different discussions going on:
1) Contractually-speaking, is it ok to walk away from your mortgage? The answer here is yes.

2) Ethically-speaking, is it ok to walk away from your mortgage? The answer here is no.


So that's a moral yes, but an ethical no.
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